GLOBAL CENBANK DIVERGENCE 0 1744939404251 1749048491039

‘Powell is impossible’: Donald Trump slams US Fed chair for being ‘too late’ after private hiring hits 2-year low

U.S. President Donald Trump on Wednesday redoubled his calls for Federal Reserve Chair Jerome Powell to lower interest rates, noting that payroll processing firm ADP reported that job creation slowed in May. “ADP number out. ‘Too Late’ Powell must now lower the rate. He is unbelievable. Europe has lowered nine times,” Trump said in a…

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Euro zone benchmark German 10-year bond yields hits three-week low to 2.4% amid Trump tariffs-led impact

Euro zone benchmark German bond yields were on track on Friday for their biggest weekly decline since mid-April as investors focused on the long-term adverse economic impact of U.S. trade policy. Germany’s 10-year government bond yield was set for a 5-basis-point weekly drop, particularly after falling on Thursday on risks of extended policy and economic…

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